This guide will explain in detail the best ways to invest in Polkastarter(POLS) tokens. Also thorough research into the Polkastarter exchange.
Welcome to the ever-continuing story of decentralized networks and blockchains. For more than a decade now, since Bitcoin was being introduced to the market, blockchain technology is witnessing an impressive rise. Moreover, since Ethereum entered the market in 2015, by introducing decentralized smart contracts, the entire blockchain industry was taken to another level.
Also, this Ethereum(ETH) project witnessed massive growth by becoming the second-largest blockchain project in the world. Additionally, many investors jumped on the bandwagon by starting to invest in ETH and became wealthy in just a few years.
Therefore, with this guide, I’ll introduce you to the next big thing’ in crypto which is called Polkastarter. Firstly, I’ll introduce as simple as possible, all-important details according to this very promising cryptocurrency. In addition, I’ll explain to you the best platforms for buying Polkastarter(POLS). So let’s go 😎
What is Polkastarter?
The founders of the Polkastarter platform are calling Polkastarter a ‘permissionless DEX’ built for cross-chain token pools and auctions. In other words, the platform is fully open and accessable for anyone willing to use this blockchain network.
In particular, Polkastarter is a DEX or decentralized platform that can be used for fundraising projects in a decentralized atmosphere. For instance, if you are planning to launch a new project on the blockchain network you can raise capital at Polkastarter in the form of POLS tokens.
Finally, the big benefit of using the Polkastarter platform is that you can raise capital easily and in a fast way by using a very secure decentralized network.
How does Polkastarter work?
Basically, using the Polkastarter platform is very straightforward and easy. However, it is important to realize that you must be familiar with using web wallets like Metamask, Wallet Connect or any other.
When you go to the Polkstarter website for the first time, it will be immediately clear that you can raise funds in a decentralized way. Therefore, it is important that you subscribe at their Telegram channel to get notified for new token sales.
Also, below on their page, you see all upcoming pools or projects that also subscribed and are trying to raise funds. If you, as an investor, are interested in one of these you can click on the images which will lead to their website. Additionally, you can contact them there for further details.
All in all, the Polkastarter platform allows you to connect with your web wallet(e.g Metamask) at these projects(pools) to add liquidity or deposit POLS tokens.
Best platforms to invest in Polkastarter(POLS)
In short, below a consolidated list of options in places to buy Polkastarter(POLS) tokens. For the ease of use I have chosen exchanges or platforms that are reliable, secure and offer high liquidity.
- Poloniex – US-based cryptocurrency exchange that offers crypto trading from anywhere in the world.
- GateIO – Cryptocurrency exchange based in Korea mostly aimed at trading ‘hidden gems’ in the crypto space.
- Okex – One of the fastest growing crypto exchanges in Asia offering high liquidity when performing trades.
- Uniswap – The largest DEX / decentralized trading platform based upon Ethereum where you can trade without a market maker or order book.
Best Way to Buy Polkastarter(POLS) with fiat currency
Generally speaking, centralized cryptocurrency exchanges as the ones listed above are the most common vehicles for buying new POLS tokens with fiat currency. Especially for beginning digital currency investors, centralized cryptocurrency exchanges like Poloniex, GateIO, or Okex make it easier for investors to transact.
Particularly, because they act as a “middle man” and offer more complete and better features, including continuous user support.In many cases you can buy with a credit card and transactions are easier to understand. Therefore, I’ll recommended you to go there if you are just starting out and don’t own any crypto like ETH or BTC already.
Where to Buy Polkastarter(POLS) in the US?
In general crypto traders from the USA are very limited in the options they have on trading digital assets on a global scale. In most cases, only the coins that can apply to strict legal regulations are allowed. Luckily for you(if you are from the USA) Polkastarter can be traded or bought on Poloniex.
Besides, if you already own some ETH you can even buy POLS in a more private(anonymous 🔐) way by trading ETH for POLS on Uniswap.
Best platforms to invest in Polkastarter(POLS): Comparison
Where can I buy Polkastarter? Good question! Below an overview of places to buy POLS token that are reliable and secure. The research is based on assessing the platform’s features, ease of use, fees for buying crypto, and security.
|Platform||Maker fees||Taker fees||Rating|
|Uniswap||Eth gas fees||Eth gas fees|
Cryptocurrency Exchanges that offer Polkastarter(POLS) Trading
Next in this guide, I’ll deep dive into the different platforms that offer to trade in POLS cryptocurrency. Also, each platform has its unique features and it’s up to you to decide which one will suit you best!
First, there is Poloniex, a crypto trading platform from the early days that is founded back in 2014. Furthermore, it’s a US-based exchange that became famous for offering crypto trading over the years.
In the past, crypto investors could use the Poloniex platform as a crypto-to-crypto trading platform. As of today this platform has extended its services and can be considered as a one-stop-shop for crypto trading.
Additionally, based on daily(24h) trading volumes, Poloniex is still a very large cryptocurrency exchange that offers its services to hundreds of thousands of crypto enthusiasts.
Besides trading, Poloniex offers several other feature-rich products, including custodian wallets, crypto margin trading, lending service, and earning rewards with staking.
Buying the POLS token by trading on Poloniex can be done very cheap: you pay 0.125% for every trade in the order book.
POLS trading pairs on Poloniex
Gate.IO is a crypto exchange founded in the fall of 2017. In addition, the platform is operated by Gate Technology Incorporated, headquartered in Seoul, Korea, with a registered address in Virginia, USA.
In the first place, this exchange gained popularity in the Chinese crypto community for its robust security system, user-friendly mobile apps, and smooth interface. Also, Gate.io differs from many exchanges because it offers hassle-free access to a number of hard-to-find coins and up-and-coming projects.
Moreover, this exchange is designed to help investors finding information related to their preferred coins and overall market trends.
Spot trading a cryptocurrency like Polkastarter(POLS) gives you a fee of 0.2% and this value decreases when USD volume rises. Additionaly, margin trading is even cheaper where the rate is set to 0.01%
Trading pairs for POLS on Gate.IO
Okex is a trading platform specialized in cryptocurrencies and has its headquarters in Beijing. Besides delivering service for Bitcoin exchanges and trades, the platform is also a payroller and lending app for retailers.
Particularly, Okex is part of the bigger Okcoin consortium specialized in online futures trading. In 2018, Okcoin migrated its futures platform with cryptocurrencies which resulted in the Okex platform. One of the big benefits of this Okcoin migration is that Okex has strong liquidity in BTC/USD and LTC/USD trading pairs.
Okcoin maintains two leading entities, whereby one has its focus on the Chinese internal market. In addition, the other entity has a broader focus aimed at the global market and has its headquarters in Hong Kong.
Okex and Okcoin together are one of the bigger cryptocurrency exchanges in the world. For instance, if you take a look at their trading volume which exceeds 4.8 billion US dollars in just 24 hours.
Important: Sign up with this link and buy $100 in POLS. Additionally, you get $10 in POLS back when trading at Okex.
Main Okex functionalities
- It’s available on several platforms including web, mobile and API(automated trading)
- Trading with leverage is possible form 1x till 20x
- Very low trading fees(0.08%)
Trading pairs available for POLS
Platform to buy Polkastarter(POLS) using a DEX
Another place to buy Polkastarter(POLS) token is by using a DEX or decentralized exchange. For instance, if you already own some ETH this would be the easiest way to acquire POLS tokens.
Besides, if you are using a DEX you don’t have to deal with extensive KYC rules and it’s also very secure because you can trade from without your own wallet.
What is a decentralized exchange or DEX?
A decentralized exchange is a digital assets market that does not rely on any third-party individuals or organizations to hold customer’s funds. Instead, the platform offers a direct peer-to-peer trading mechanism that allows the users to process their transactions on an automated system.
When trading cryptocurrency or ERC20 tokens the Ethereum blockchain has some Dapps available where you can trade tokens in a trustless manner. One of the most popular ones is Uniswap.
How to trade POLS on Uniswap
Uniswap is the best-decentralized cryptocurrency exchange, which facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts.
Before I’ll explain to you how to ‘Swap’ tokens on this platform its important to know that you should have installed Metamask or Wallet Connect first. These are cryptocurrency web wallets used for your Chrome or Brave browser.
Secondly, it’s important that you deposit some ETH tokens into this wallet before you go to this DEX platform.
Setup a trade on Uniswap will go as follows:
- Go to Uniswap by following this link: https://uniswap.info/token/0x83e6f1E41cdd28eAcEB20Cb649155049Fac3D5Aa
- Now click on trade
- Click ‘I understand’ and then ‘Import’
- On the from input box choose ETH symbol
- Now give the amount of ETH you want to swap for POLS
- Click ‘Swap’
And that’s it! Your POLS tokens are now in your wallet.
To enumerate, Polkastarter cryptocurrency is a blockchain project with huge potentials. Foremost their innovative decentralized fundraising platform is something that will conquer and impress the brand new crypto markets. Remember, the entire cryptocurrency market is very young and small compared to more traditional markets like stocks or commodities.
Furthermore, by investing in projects that are promising, it’s also very important to find the best ways to buy Polkastarter(POLS) tokens. With this guide, I hope it’s more clear to you what options you have as an investor and know what places to go to in order to build some future wealth.
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